ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Multiplier returns to Substack
By Will McLennan in Media News on Wednesday, 22nd July 2026 at 11:44amFaridabad City Press Club in Haryana distributes scooters to journalists
By Meena R. Prashant in Media News on Wednesday, 22nd July 2026 at 11:19am
Another accused arrested in Andhra Jyothi reporter Jaganmohan Reddy murder case
By Staff Writer in Media News on Wednesday, 22nd July 2026 at 11:17amUpfront: Rationing rumours return, MP assault probe, Teachers walk off.
By Staff Writers in Media News on Wednesday, 22nd July 2026 at 5:57am
Kottayam Press Club announces Sadiq Parakkalan as 2025 Video Journalist Award winner
By Suganthi Marimuthu in Media News on Tuesday, 21st July 2026 at 10:09pm
Karnataka MLA donates Rs 5 lakh to Chamarajanagar journalists' welfare fund
By Staff Writer in Media News on Tuesday, 21st July 2026 at 10:07pm
KUWJ State President inspects Hanur press building construction
By Staff Writer in Media News on Tuesday, 21st July 2026 at 10:06pm
Media news latest
Marcoms news latest